O'Reilly Automotive
27 named things its latest annual report says its results depend on, each in the company's own words. 16 of them are also named by other companies we've read.
Customers
Professional service provider customers
earns from · approximately 50% of our salesIn 2025, we derived approximately 50% of our sales from our DIY customers and approximately 50% of our sales from our professional service provider customers.Business (Item 1)
Suppliers
Largest supplier (unnamed)
depends on · approximately 8% of our total purchasesnamed as a riskOur largest supplier in 2025 accounted for approximately 8% of our total purchases and the next four largest suppliers each accounted for approximately 3% to 5% of our total purchases.Business (Item 1)
Five largest suppliers (unnamed)
depends on · approximately 23% of our total purchasesnamed as a riskWe purchase automotive products in substantial quantities from over 655 suppliers, the five largest of which accounted for approximately 23% of our total purchases in 2025.Business (Item 1)
Competitors
Walmart Inc.
competes withnamed as a riskMass merchandisers and online retailers that carry automotive replacement parts, maintenance items, and accessories (such as Wal-Mart Stores, Inc. and Amazon.com, Inc.).Business (Item 1)
Also named by CAG, CALM, CHD, CL, CPB, GIS, HAS, HRL and 9 more
AutoZone, Inc.
competes withnamed as a riskNational retail and wholesale automotive parts chains (such as AutoZone, Inc., Advance Auto Parts, CARQUEST, and NAPA).Business (Item 1)
Amazon.com, Inc.
competes withnamed as a riskMass merchandisers and online retailers that carry automotive replacement parts, maintenance items, and accessories (such as Wal-Mart Stores, Inc. and Amazon.com, Inc.).Business (Item 1)
NAPA
competes withnamed as a riskNational retail and wholesale automotive parts chains (such as AutoZone, Inc., Advance Auto Parts, CARQUEST, and NAPA).Business (Item 1)
Also named by AAP
Advance Auto Parts
competes withnamed as a riskNational retail and wholesale automotive parts chains (such as AutoZone, Inc., Advance Auto Parts, CARQUEST, and NAPA).Business (Item 1)
CARQUEST
competes withnamed as a riskNational retail and wholesale automotive parts chains (such as AutoZone, Inc., Advance Auto Parts, CARQUEST, and NAPA).Business (Item 1)
Places
Mexico
operates in · 112 storesnamed as a riskAt December 31, 2025, we operated 6,447 stores in 48 states in the United States (“U.S.”) and Puerto Rico, 112 stores in Mexico, and 26 stores in Canada.Business (Item 1)
Also named by AAP, AME, AMRC, ANET, AOS, ARES, AYI, AZO and 83 more
Canada
operates in · 26 storesnamed as a riskAt December 31, 2025, we operated 6,447 stores in 48 states in the United States (“U.S.”) and Puerto Rico, 112 stores in Mexico, and 26 stores in Canada.Business (Item 1)
Also named by AAP, AJG, ALL, AMRC, AOS, ARE, BBY, BF/B and 97 more
Texas
concentrated in · 878 stores; 13.3% of total store countTexas 850 13.3 28 13.5 878 13.3 13.3Business (Item 1)
Also named by ABR, AFRM, ALLY, AN, ASO, ASTS, ATO, AXP and 70 more
California
concentrated in · 614 stores; 9.2% of total store countCalifornia 604 9.5 10 4.8 614 9.2 22.5Business (Item 1)
Also named by A, AAON, AFRM, ALK, ALLY, AN, ARE, AVAV and 88 more
Florida
concentrated in · 318 stores; 4.8% of total store countFlorida 300 4.7 18 8.7 318 4.8 27.3Business (Item 1)
Also named by ABR, ALLY, AN, AXP, AZO, BBY, BJ, BRO and 54 more
Greater Bay Area, California
operates in · approximately 464 Team Members in 49 storesA union represents approximately 464 Team Members in 49 stores in the Greater Bay Area in California and has for many years.Business (Item 1)
Hazards
Hurricanes and coastal weather
operates innamed as a riskIn addition, our stores and DCs, particularly those located in coastal regions, may be subject to increased unrecoverable losses resulting from regional weather conditions or disasters and our results of operations, financial condition, and cash flows could be adversely affected.Risk factors (Item 1A)
Commodities and inputs
Canadian dollar
exposed to its price · $177.7 millionnamed as a riskThe net asset exposure in the Canadian subsidiaries translated into U.S. dollars using the period-end exchange rates was $177.7 million, at December 31, 2025.Market risk (Item 7A)
Also named by ABBV, ADBE, AMG, AYI, BBY, BWXT, CBRE, CDRE and 67 more
Mexican peso
exposed to its price · $507.8 millionnamed as a riskThe net asset exposure in the Mexican subsidiaries translated into U.S. dollars using the year-end exchange rates was $507.8 million at December 31, 2025.Market risk (Item 7A)
Also named by AYI, AZO, BAX, CCK, CDRE, CP, DCH, EZPW and 14 more
Fuel prices
exposed to its pricenamed as a riskThese matters, if enacted, could adversely impact our costs, by, among other things, increasing fuel prices or requiring additional expenditures by us or our suppliers to comply, which could have a material adverse effect on our business, results of operations, financial condition, and cash flows.Risk factors (Item 1A)
Laws and programs
Commercial paper program
exposed to its price · $690.0 millionnamed as a riskAs of December 31, 2025, we had outstanding borrowings under the Program in the amount of $690.0 million, at the weighted-average variable interest rate of 3.979%.Market risk (Item 7A)
Foreign Corrupt Practices Act
subject tonamed as a riskCompliance with the Foreign Corrupt Practices Act and protection of intellectual property rights surrounding items such as tradenames and trademarks in foreign jurisdictions can pose significant challenges.Risk factors (Item 1A)
Also named by A, ADBE, ADP, AIR, AJG, ALB, AME, AMZN and 112 more
Tariffs and trade policy
subject tonamed as a riskIn addition, changes in country specific trade policies, sanctions, practices, tariffs or taxes, import limitations, and other factors relating to foreign trade and port agreements could affect our ability to source products and our suppliers’ ability to source materials or provide products at current volumes and/or prices.Risk factors (Item 1A)
Also named by ADSK, CTAS, EMR, EXP, FDX, FLR, GWW, HPE and 8 more
Supplier financing programs
depends onnamed as a riskDecreased participation in our supplier financing programs would lead to an increase in working capital needed to operate the business, adversely affecting our cash flows.Risk factors (Item 1A)
Minimum wage legislation
subject tonamed as a riskOur ability to meet labor needs, while controlling costs is subject to external factors, such as minimum wage legislation.Risk factors (Item 1A)
Automotive battery and used oil recycling regulations
subject tonamed as a riskRecycling Mandates – Specific requirements for automotive battery reclamation and the management of used lubricants.Business (Item 1)
Technology
Electric and hybrid vehicle technology
named as a riskChanges in vehicle technology used by the original equipment manufacturers (“OEM”) on future vehicles, including but not limited to electric, hybrid, and internal combustion engines, may result in less frequent repairs, parts lasting longer, or elimination of certain repairs.Risk factors (Item 1A)
OEM telematics and repair information restrictions
named as a riskIn addition, restrictions on access to telematics, diagnostic tools, and repair information imposed by the OEMs or by governmental regulations may force vehicle owners to rely on dealers to perform maintenance and repairs.Risk factors (Item 1A)